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Former HealthSouth CFO Gets 27 Months
Even though prosecutors maintain that Weston Smith "was the first individual to come forward and advise the government of the accounting fraud," the judge hands him the heaviest HealthSouth sentence by far.
Former HealthSouth Corp. chief financial officer Weston L. Smith was sentenced Thursday to 27 months in prison for his role in the company's $2.7 billion accounting fraud, according to Bloomberg. He had pleaded guilty to one count each of conspiracy to commit wire and securities fraud, falsely certifying a financial report, and falsifying a report to the Securities and Exchange Commission.
The...